Part 4/7:
What are you planning to purchase if you sell your current vehicle? If you sell the car and purchase a comparable vehicle for a similar price, you may find yourself in the same situation—facing new repairs and expenses within a short span.
Are you prepared to invest in a vehicle for the long term, intending to keep it for another 15 to 20 years? If so, it might be worthwhile to consider repairing your existing vehicle if the repairs are manageable.
Have you clearly defined your vehicle’s condition? It’s important to distinguish between simple repairs versus deeper issues such as structural rust or major mechanical failures, as these will drive your decision significantly.
Weighing Pros and Cons
Pros of Repairing Your Old Car: